The program says that I have a qualified COVID withdrawal, but on the screen where I would like to spread the income over three years, it says the amount of my withdrawal is $0 (see attached image). Does anyone know how to fix this?
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Please review the steps below and TurboTax should remove the penalty that is allowed under COVID. The Form 8915-E: Qualified 2020 Disaster Retirement Plan Distributions and Repayments, which is used for COVID-related early distributions, is in today's release so you may need to give it a little time.
It's always a good idea to clear any cache and cookies, as well as any browsing history, to eliminate any pieces of memory in the background that could cause issues unknown.
Steps to review in your tax return for this entry:
For more information about this form use this link: Qualified 2020 Retirement Distributions due to COVID
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